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US seeks $2 billion in penalties against Ripple Labs

US seeks $2 billion in penalties against Ripple Labs

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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WTI crude breaks a three-day losing streak

WTI crude breaks a three-day losing streak

Oil struggled late last week but is back on the upswing today, rising $1.49.A report confirmed Russian planned production curbs and that's helping but I think this is more of a technical move and a bounce from the old range top.WTI crude oil dailyHere's a chart from...

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New Zealand dollar struggles to get off the floor

New Zealand dollar struggles to get off the floor

NZDUSD daily chartThe US dollar is retracing on most fronts today but the New Zealand dollar is an exception. NZD/USD remains within striking distance of a four-month low and below recent support.Two days of heavy selling on Thursday and Friday broke through the 2024...

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Putin says Moscow attack committed by radical Islamists

Putin says Moscow attack committed by radical Islamists

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Credit Agricole: Finger on the JPY intervention trigger

Credit Agricole: Finger on the JPY intervention trigger

USDJPY dailyCredit Agricole highlights Japan's readiness for currency intervention as the JPY faces downward pressure, quoting Masato Kanda, Japan’s Vice Minister of Finance for International Affairs. Kanda's recent statements signal a strong inclination towards...

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US sells 2-year notes at 4.595% vs 4.590% WI

US sells 2-year notes at 4.595% vs 4.590% WI

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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US set to sell 2-year notes

US set to sell 2-year notes

I invariably do a double-take when auction sizes come up. Today it's $66 billion in two-year notes in what I initially thought was a typo.Bill Gross warned last week about too much supply, though he did advocate for buying 2s (vs 10s).This is the first coupon auction...

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Dallas Fed manufacturing index -14.4 vs -11.3 prior

Dallas Fed manufacturing index -14.4 vs -11.3 prior

Prior was -11.3Output index -4.1 vs +1.0 priorComments in the report:Food manufacturingWill the consumer continue to spend enough to promote growth? This is the question I cannot answer confidently. As a food manufacturer, I need consumers to maintain their...

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Bitcoin climbs above $69,000 in surge

Bitcoin climbs above $69,000 in surge

Crypto is cooking today with bitcoin having its best day in four weeks. Bitcoin appears to have broken the recent downtrend and shaken off some worries about crypto ETF inflows.Bitcoin dailyIt's not just bitcoin either as ETH rises 7% and is trading at a session...

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US February new home sales 662K vs 675K expected

US February new home sales 662K vs 675K expected

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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US new home sales data coming up next

US new home sales data coming up next

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Fed’s Goolsbee expects three rate cuts this year

Fed’s Goolsbee expects three rate cuts this year

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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US equities set to give some back

US equities set to give some back

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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